Xos Expands Offering of Xos Energy Solutions with Mobile Chargers; Secures Purchase Order from Morgan Services, Inc.
September 22 2022 - 7:00AM
Xos, Inc. (NASDAQ: XOS), a leading technology company that provides
fleet services, software solutions, and manufactures Class 5
through Class 8 battery-electric commercial vehicles, today
announced a new offering to Xos Energy Solutions™, its business
unit focused on comprehensive infrastructure and consulting
services: a suite of Xos DC Fast Chargers that are compatible with
both passenger and commercial electric vehicles, enabling a wide
range of applications.
The five chargers include: a 30kW portable EV
charger, a 30kW wall-mount EV charger, a 60kW EV charger, a 150kW
EV charger, and a 300kW EV charger. For fleet owners and operators,
the chargers can be monitored through the Xosphere™ fleet
management platform, enabling operators to remotely observe and
maintain charging profiles and schedules to optimize total cost of
ownership. Learn more about Xos DC Fast Chargers in this video:
https://youtu.be/UaxAFVgcU9M
Charger |
Connectivity |
Connector Type |
Features |
Dimensions |
30kW EV Wall Mount Charger |
3G/4G/WiFi/ Ethernet |
CCS1 |
10” Touchscreen, 16 ft. or 24 ft. Cable Length |
28” x 24” x 9.8” |
30kW EV Portable Charger |
3G/4G/WiFi/ Ethernet |
CCS1 |
10” Touchscreen, 16 ft. or 24 ft. Cable Length |
28” x 24” x 9.8” |
60kW EV Charger |
3G/4G/WiFi/ Ethernet |
CCS1 |
10” Touchscreen, 16 ft. or 24 ft. Cable Length |
215” x 31.5” x 64” |
150kW EV Charger |
3G/4G/WiFi/ Ethernet |
CCS1 |
10” Touchscreen, 16 ft. Cable Length |
215” x 31.5” x 64” |
300kW Liquid Cooling EV Charger |
3G/4G/WiFi/ Ethernet |
CCS1 |
10” Touchscreen, 16 ft. Cable Length |
215” x 31.5” x 64” |
“The availability, portability, and convenience
of the Xos DC Fast Chargers makes them the perfect solution to fit
any electric fleet’s needs,” said Kyle Garvin, Director of Sales
for Xos Energy Solutions™. “We’re committed to providing our fleet
customers with the best charging solutions and fleet management
tools so they can keep uptime high and continue seeing greater
savings on total cost of ownership.”
Additionally, Xos has secured a purchase order
from Morgan Services, Inc., a Chicago-based linen and uniform
rental services provider, for nine Xos DC Fast Chargers. Morgan
Services is a family-owned company that has been in business for
over 130 years. The nine chargers will be installed in Morgan
Services locations in Los Angeles.
Xos DC Fast Chargers will be offered as part of
Xos Energy Solutions™ alongside the Xos Hub™ mobile charging
station and Xos Serve, an on-demand infrastructure-as-a-service
platform that includes site evaluations, energy storage development
and installation, and energy consulting services.
Xos Chargers are now available. For more
information or to place a purchase order, please contact
sales@xostrucks.com.
About Xos, Inc.Xos is a leading
technology company, fleet services provider, and original equipment
manufacturer of Class 5 through Class 8 battery-electric vehicles
and the tools to adopt them. Xos vehicles and fleet management
software are purpose-built for medium- and heavy-duty commercial
vehicles that travel on last-mile, back-to-base routes of up to 270
miles or less per day. The company leverages its proprietary
technologies to provide commercial fleets with zero-emission
vehicles that are easier to maintain and more cost-efficient on a
total cost of ownership (TCO) basis than their internal combustion
engine counterparts. For more information, please visit
www.xostrucks.com.
ContactsXos Investor
Relationsinvestors@xostrucks.com
Xos Media Relationspress@xostrucks.com
Cautionary Statement Regarding Forward-Looking
StatementsThis press release may include “forward-looking
statements” within the meaning of the “safe harbor” provisions of
the United States Private Securities Litigation Reform Act of 1995.
These forward-looking statements include, but are not limited to,
statements regarding Xos, Inc.’s (“Xos”) expected product
deliveries. These forward-looking statements generally are
identified by the words “believe,” “project,” “expect,”
“anticipate,” “estimate,” “intend,” “strategy,” “future,”
“opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,”
“will continue,” “will likely result,” and similar expressions.
Forward-looking statements are predictions, projections and other
statements about future events that are based on current
expectations and assumptions and, as a result, are subject to risks
and uncertainties. Many factors could cause actual future events to
differ materially from the forward-looking statements in this press
release, including but not limited to: (i) Xos’ ability to
implement business plans, forecasts, and other expectations, and
identify and realize additional opportunities, (ii) cost increases
and supply chain shortages in the components needed for the
production of Xos’ vehicle chassis and battery system, (iii)
changes in the industries in which Xos operates, (iv) changes in
laws and regulations affecting Xos’ business, (v) Xos’ ability to
retain key personnel and hire additional personnel, (vi) the risk
of downturns and a changing regulatory landscape in the highly
competitive electric vehicle industry and (vii) the outcome of any
legal proceedings that may be instituted against Xos. You should
carefully consider the foregoing factors and the other risks and
uncertainties described under the heading “Risk Factors” included
in Xos’ Annual Report on Form 10-K for the fiscal year ended
December 31, 2021 filed with the Securities and Exchange Commission
(the “SEC”) on March 30, 2022 and Xos’ other filings with the SEC
copies of which may be obtained by visiting Xos’ Investors
Relations website at https://investors.xostrucks.com/ or the SEC's
website at www.sec.gov. These filings identify and address other
important risks and uncertainties that could cause actual events
and results to differ materially from those contained in the
forward-looking statements. Forward-looking statements speak only
as of the date they are made. Readers are cautioned not to put
undue reliance on forward-looking statements, and Xos assumes no
obligation and does not intend to update or revise these
forward-looking statements, whether as a result of new information,
future events, or otherwise. Xos does not give any assurance that
it will achieve its expectations.
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